Debby Jenkins
Debby Jenkins

Deborah Jenkins has been named executive vice president and head of Freddie Mac’s multifamily business. She also has assumed a role as member of the company’s Senior Operating Committee.

“Debby’s transition into her role as head of the multifamily business has progressed very well, and I am pleased to announce that she will officially assume these duties effective immediately, rather than on the originally planned Jan. 1 date,” said Donald H. Layton, CEO of Freddie Mac. “Debby is dedicated to ensuring this growing segment of our company continues to be an industry leader, innovator, and a critical financier of rental housing that is affordable to low- and moderate-income families.”

In September, Freddie Mac announced the planned retirement of Layton in the second half of 2019, the commencement of the CEO succession plan, and the elevation of former head of Freddie Mac Multifamily, David Brickman, to president of the company.

Since 2010, Jenkins has led multifamily underwriting and credit, overseeing all credit approvals and due diligence processes, asset-level securitization activities, as well as credit policies and governance for all multifamily group products. This prior-approval approach has produced delinquency rates among the very lowest in the industry while ensuring mortgage liquidity across economic environments, said the company.

Jenkins has spearheaded enhancements in the company’s underwriting process specifically to support its securitization program, including its signature K and SB certificate deals.